GOLD PRICE IN JAPANESE YEN — OCTOBER 5, 2018
💱 XAU/JPY · Friday, October 5, 2018
On Friday, October 5, 2018, the gold spot price was C$1,551.95 per troy ounce in Canadian Dollars, equivalent to ¥161,868.39 JPY per ounce or ¥5,204.19 JPY per gram. Gold rose +0.66% from the previous trading session.
Currency fluctuations between CAD and JPY significantly impact the effective cost of gold for international investors. Japan is the world's third-largest economy and a significant gold consumer, particularly for jewelry and industrial applications. The Bank of Japan's ultra-loose monetary policy has historically supported higher gold prices in Yen terms, making Japan an active gold market for both institutional and retail investors.
PRICE COMPARISON — OCTOBER 5, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,551.95 | C$49.90 | C$49,896.28 |
| JPY | ¥161,868.39 | ¥5,204.19 | ¥5,204,181.89 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,546.65 | ¥161,315.60 |
| High | C$1,557.25 | ¥162,421.18 |
| Low | C$1,546.39 | ¥161,288.48 |
| Close | C$1,551.95 | ¥161,868.39 |